The Consumer Financial Protection Bureau has finalized a rule restricting banks' ability to charge overdraft fees, ...

President Joe Biden's administration has finalized a rule that limits overdraft fees banks can charge. The rule, announced on ...

Agency rule limits overdraft fees to $5 for biggest banks Rule faces potential repeal by GOP Congress, Trump appointees Large ...

The Consumer Financial Protection Bureau's new rule caps overdraft fees at $5, aiming to save consumers billions annually and ...

Under the finalized rule announced Thursday, banks will be able to choose from three options: they may charge a flat overdraft fee of $5, they may charge a fee that covers their c ...

The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...

If today's announcement by the Consumer Financial Protection Bureau (CFPB) is the final skirmish in the Biden ...

The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...

The new rule requires large banks and credit unions to cap overdraft fees at $5 or an amount that covers only their costs and ...

The new CFPB regulation would require large banks and credit unions to either charge just $5 for overdrafts or, alternatively, pick an amount no higher than the cost of offering overdraft protection.

In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a long-awaited ...